Mia Chang, 51, former insurance broker and owner of Lotte Insurance Services in Southern California, was sentenced for felony insurance fraud and grand theft. Moments after her arrest Chang returned $19,218 in stolen premiums with interest to the owner of …
The owners of a janitorial company serving luxury hotels in Southern California and Nevada are charged with running a $7 million workers’ compensation insurance and tax evasion scam, prosecutors announced Monday. Hyok “Steven” Kwon and Woo “Stephanie” Kwon were arrested …
California Insurance Commissioner Dave Jones on Thursda announced $9.3 million in tax credits awarded to insurance companies and other investors that made more than $46.6 million in capital investments into California’s underserved communities through the second round of the 2015 …
Five people, including a former hospital executive and two surgeons, are charged with a massive kickback scheme that resulted in billing $580 million to the government and insurance companies, authorities announced. Two already pleaded guilty and the others have agreed …
A California workers’ compensation hearing officer was arrested for allegedly trying to steal a settlement check from his client. Department of Insurance detectives arrested Ramon Humerto Otero, 37, of Adelanto, and Efrain Heredia Ojeda, 43, of Corona, on multiple felony …
California Insurance Commissioner Dave Jones approved workers’ compensation rates for 2016 that are 2 percent below the average approved in July. The Workers’ Compensation Insurance Rating Bureau submitted its Jan. 1, 2016 pure premium rate filing to the California Department …
Insurers handling wildfire damage from the Valley and Butte wildfires last month in Northern California has agreed to a claims handling process to help fire victims begin their recovery more quickly, Insurance Commissioner Dave Jones announced on Wednesday. More than …
California Insurance Commissioner Dave Jones says more people may be dropped from fire coverage and that residents of high risk areas may have to shop for more expensive insurance as wildfires become more destructive because of the drought. Jones said …
California Gov. Jerry Brown signed Assembly Bill 1515, which clarifies and corrects sections in the insurance code. The omnibus bill was authored by the Assembly Committee on Insurance and sponsored by Insurance Commissioner Dave Jones. AB 1515 restores the requirement …
California Insurance Commissioner Dave Jones is praising a recent unanimous California Supreme Court decision that he said ensures policyholders are protected from insurers refusing to cover third-party liability claims when the insured transfers the insurance benefits after the events triggering …
